Since price is usually set by market conditions, the blending problem's use of linear programming attempts to meet the demand at a minimum cost.

Question

Quizplus · Accepted Answer

This statement is true. Linear programming is a tool used to optimize a process or system, and in the blending problem, it is used to determine the optimal mix of ingredients to meet the demand at the lowest cost possible, given the market conditions.

Since Price Is Usually Set by Market Conditions, the Blending